TCS surges on expanding partnership with Indian Bank
Tata Consultancy Services is currently trading at Rs. 2508.50, up by 47.50 points or 1.93% from its previous closing of Rs. 2461.00 on the BSE.
The scrip opened at Rs. 2479.05 and has touched a high and low of Rs. 2533.10 and Rs. 2475.10 respectively. So far 457137 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3336.70 on 03-Feb-2026 and a 52 week low of Rs. 1976.00 on 01-Jul-2026.
Last one week high and low of the scrip stood at Rs. 2,533.10 and Rs. 2,268.00 respectively. The current market cap of the company is Rs. 909949.01 crore.
The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 22.58% and 5.65% respectively.
Tata Consultancy Services (TCS) has expanded its long-standing partnership with Indian Bank, to deploy TCS BaNCS for Treasury at Indian Bank's Colombo branch in Sri Lanka, making the entry of TCS BaNCS for Treasury in the country. Following the successful deployment of TCS BaNCS for Treasury across Indian Bank's operations in India and at GIFT City in Gujarat, the platform is now being extended to the Bank's Colombo branch, reinforcing a unified approach to treasury operations across geographies. With this expansion, Indian Bank marks a significant step in platform-led transformation with the company.
As part of the collaboration, the company will help Indian Bank modernize its overseas treasury operations across money markets, investment management, and foreign exchange. The transformation will enable Indian Bank’s Colombo branch to move to a single, integrated treasury platform that supports unified deal processing, real-time position visibility, stronger risk and limit controls, and compliance-ready reporting. The Bank will be able to reduce manual intervention, improve straight-through processing, and strengthen audit and regulatory readiness through a single source of truth.
